Weyerhaeuser Leads 8 Companies Increasing Dividends

by Adam Benjamin | August 16, 2013 3:51 pm

Despite a down week for the S&P 500, companies were still out announcing dividend increases for investors.

[1]From big players like Weyerhaeuser (WY[2]) to smaller companies like Atrion (ATRI[3]) and Badger Meter (BMI[4]), eight total companies bumped their yields and made it onto our list of Companies Increasing Dividends[5] this week. (Note: All dividend yields are as of Aug. 16.)

Water utility company Connecticut Water Service (CTWS[6]) raised its quarterly dividend by 2% to 27.75 cents per share, payable Sept. 16 to shareholders of record as of Sept. 2.CTWS Dividend Yield: 3.65%

Debt and equity financing solutions provider Main Street Capital (MAIN[9]) raised its monthly dividend 7% to 16 cents per share for the October, November and December 2013 payouts. The dividend is payable Oct. 15 to shareholders of record as of Sept. 20, payable Nov. 15 to shareholders of record as of Oct. 21, and payable Dec. 16 to shareholders of record as of Nov. 21.MAIN Dividend Yield: 6.4%

Adam Benjamin is an Assistant Editor at InvestorPlace.com. As of this writing he did not hold a position in any of the aforementioned stocks. For more payout winners, see previous weeks’ lists of Companies Increasing Dividends[5].